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Saudi-based JV partner invests in Vallianz

Rawabi Holding to put in US$35m; share options too for Swiber
Friday, October 4, 2013 - 06:00

JUST two days after announcing that it was buying Swiber Offshore Construction (Swiber Offshore)'s 50 per cent stake in Saudi Arabia-based offshore marine services firm Rawabi Swiber Offshore Services (Rawabi Swiber), Vallianz Holdings (Vallianz) announced that it is bringing in new investors.